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High-Cash Flow Multi-Unit Property in Highland Terrace - All Units Vacant! Don't miss this exceptional investment opportunity in the highly desirable Highland Terrace neighborhood. This multi-unit property is fully vacant and ready for you to place tenants at market rent"”or move in and house-hack while generating strong income. The main level features a spacious 4B/2B unit with a large living and dining room adorned with traditional crown molding. The kitchen includes Cherrywood cabinets and all appliances"”making it ideal as a comfortable primary residence. The garage has been thoughtfully converted into a separate 2B/1B unit, offering even more income potential. Back unit is a fully independent 2B/1B unit with its own PG&E and water meters, full kitchen, and bathroom"”perfect for separate tenants or extended family. The home sits on a generous lot with a decent-sized backyard, a wide driveway, and an automatic security gate for added convenience and privacy. Market rent estimates from Rentometer.com: * 4B/2B main unit: $3,500/month * Upper 2B/1B unit: $2,700/month * Lower 2B/1B converted unit: $2,500/month That's a potential gross rental income of $8,700/month, offering a rare opportunity for both investors and savvy buyers looking to live in one
Property Type(s):
Residential Income
| Last Updated | 8/1/2025 | Tract | None |
|---|---|---|---|
| Year Built | 1911 | County | Alameda |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| APPLIANCES | Gas Water Heater |
| CONSTRUCTION | See Remarks, Stucco, Wood Siding |
| GARAGE | Yes |
| HEAT | Electric, Forced Air |
| LOT | 4443 sq ft |
| LOT DESCRIPTION | Back Yard |
| PARKING | Garage, Other, On Street |
| SEWER | Public Sewer |
| SUBDIVISION | None |
Location
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Listed with Re/Max Accord
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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